3/20/2012: Signed a three-year, $24 million contract. The deal contains $9 million guaranteed -- an initial roster bonus of $3 million, all of Smith's 2012 base salary, and $1 million of his 2013 salary. Another $9 million is available through incentives, though $5.25 million of them are "unlikely to be earned." An annual $250,000 workout bonus is available. 2013: $7.5 million (+ $1 million roster bonus due in March), 2014: $7.5 million, 2015: Free Agent

i'm assuming at this point that albert walks to help resign smith, houston, and the RT we use next year's first round pick on...

Wont happen this year. Why should they? Doesn't make business sense for either party. Alex Smith if he plays out this deal, will probably be signing his last contract as a pro.

I say it wont happen until after next season.

Don't see it for this season. When KC goes to the playoffs and regardless of the results there (unless disastrous).. I think they then try to extend him in the 2014 offseason. I wouldn't at all be surprised if Alex takes a discount either. He's not about the money. He knows that the extra money can go to an impact player to help the team win... and he is all about the winning.

If he can consistently play the way he did in the second half of the Giants game and continue to trust himself to throw into average sized spaces an NFL QB should be able to...I'm not sure I'd bitch about an extension.

The problem is that you can guarantee the deal will be for big money.

I'd say 6 years 100 million. Or more

I wasn't pissed that we traded for Alex, I was pissed that we gave up so much. I have a feeling It's gonna be similar when he signs his extension.